arXiv AI By Kelly W. Zhang, Thomas Baldwin-McDonald, Kamil Ciosek, Lucas Maystre, Daniel Russo

Impatient Bandits: Optimizing for the Long-Term Without Delay

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arXiv:2501. 07761v2 Announce Type: replace-cross Abstract: Increasingly, recommender systems are tasked with improving users' long-term satisfaction.

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Personalizing marketing messages with contextual multi-armed bandits (CMABs) drives real business value, yet the objective that ultimately matters - a downstream conversion - is observed only weeks later, too late to drive online learning. Teams therefore train the bandit on a fast proxy reward, and separately must judge whether a contextual bandit is worth its complexity over sending one best message.